17, BEECHWOOD AVENUE, MELTON MOWBRAY, LE13 1RT - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 BEECHWOOD AVENUE is a very large extended detached house of 209m², built sometime between 1950 and 1966, which could now be worth an estimated £451,002. It was last sold for £365,000 in July 2019, which was around 13% above the average July 2019 detached price in the Melton local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

17 BEECHWOOD AVENUE Sold Prices

Land registry data shows four sales for 17 BEECHWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Most of the four 17 BEECHWOOD AVENUE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 29 JUL	£365,000	£323,377	13% above HPI
2011 20 DEC	£275,000	£235,742	17% above HPI
2006 21 JUL	£267,500	£237,253	13% above HPI
1996 20 DEC	£87,000	£91,758	5% below HPI

17 BEECHWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 17 BEECHWOOD AVENUE sales between December 1996 and July 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 17 BEECHWOOD AVENUE be worth now?

17 BEECHWOOD AVENUE might now be worth an estimated £451,002.

This is based on house price inflation of 23.6%, between July 2019 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.6% inflationary increase is applied to the most recent sale price for 17 BEECHWOOD AVENUE of £365,000 on 29th July 2019. For the value to have increased from £365,000 to £451,002 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 17 BEECHWOOD AVENUE has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BEECHWOOD AVENUE has not materially changed since July 2019.

How Large is 17 BEECHWOOD AVENUE?

17 BEECHWOOD AVENUE is 209m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 17 BEECHWOOD AVENUE lies on this distribution: 97% of detached houses houses are smaller than 17 BEECHWOOD AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

17 BEECHWOOD AVENUE: Plot and Title Map

17 BEECHWOOD AVENUE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 17 BEECHWOOD AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 17 BEECHWOOD AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 17 BEECHWOOD AVENUE?

17 BEECHWOOD AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 17 on BEECHWOOD AVENUE.